Newmont (NEM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Newmont

NYSE•Basic Materials•Gold

$124.39+2.63(0.02%)After hours

Market Cap

$129.67B

P/E

15.1x

P/S

5.0x

P/B

3.7x

Newmont Corporation operates as a gold producer. It also explores for copper, silver, lead, zinc, and other metals. It has operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. The company was founded in 1916 and is headquartered in Denver, Colorado.

How this company scores

ExcellentMetricSide Score: 91/100

Strongest: Growth (25/25); weakest: Balance Sheet & Red Flags (21/25).

Profitability22/25

Growth25/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality23/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 15.1x5y range 10.3x – 53.2x

Currently near its 12-quarter median.

P/S · 5.0x5y range 2.2x – 5.0x

Currently above its 20-quarter median.

P/B · 3.7x5y range 1.4x – 3.7x

Price & Volume

Market Cap $129.67B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $25.77B
Q. Revenue: $6.12B
TTM EBITDA: $15.88B
TTM Op. Income: $13.34B
Q. Op. Income: $3.00B
TTM Net Income: $8.60B
Q. Net Income: $2.20B
EPS: $2.07
Shares Out.: $1.06B

$25.77B in TTM revenue grew 25.2% YoY, reaching $6.12B last quarter. TTM EBITDA of $15.88B and TTM operating income of $13.34B show growth is flowing through to the bottom line. TTM net income of $8.60B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 65.9%
EBITDA Margin: 58.9%
Op. Margin: 49.0%
Net Margin: 36.0%

Op. margin of 49.0% is down 9.6% YoY — costs are rising relative to revenue. Net margin at 36.0% and gross margin of 65.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 16% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 15.1x
P/S Ratio: 5.0x
P/B Ratio: 3.7x

At 15.1x P/E, the stock trades within typical market levels. P/S of 5.0x and P/B of 3.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 46% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $57.64B
Cash: $9.01B
Long-Term Debt: $5.08B
Book Value: $35.41B
D/E Ratio: 0.1
Debt/EBITDA: 1.4

With $57.64B in assets and $5.08B in long-term debt, D/E is 0.1and book value is $35.41B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $2.92B
TTM Free Cash Flow: $9.73B
FCF Margin: 37.8%
FCF / Net Income: 1.1

TTM FCF of $9.73B on $2.92B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.